Rent free accomodation to partner
sourabh tukliya (ca) (47 Points)
11 August 2014
what is the treatment of rent free accommodation to partner ?
3 Replies
TKKKKKK
(PRACTICING CA)
(3268 Points)
Replied 11 August 2014
It is not deductible from profit otherwise than authorised and in accordance with partnership deed.
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